Advance Pricing

Bullet Rates Amortizing LIBOR Short Term
BULLET_RATES
01/05/99
Maturity CIP Base Rate Spread to Base Rate Posted Rate DP Spread to Base Rate DP Rate Actual Rate Change Yesterday Actual Rate
8-35 DAYS 4.790% 4.890% 0.400% 5.290% 0.000% 0.000% 0.000% 5.290%
1MO+1DAY THRU 2 MO 4.804% 5.054% -0.100% 4.954% 0.000% 0.000% -0.006% 4.960%
2MO+1DAY THRU 3 MO 4.810% 5.060% -0.100% 4.960% 0.000% 0.000% 0.000% 4.960%
3MO+1DAY THRU 6 MO 4.810% 5.060% -0.100% 4.960% 0.000% 0.000% 0.000% 4.960%
6MO+1DAY THRU 1 YR 4.810% 5.060% -0.100% 4.960% 0.000% 0.000% 0.000% 4.960%
1 THRU 1 1/2 YR 4.870% 5.120% 0.200% 5.320% -0.050% 5.070% -0.007% 5.327%
1 1/2 THRU 2 YR 4.890% 5.140% 0.200% 5.340% -0.050% 5.090% -0.010% 5.350%
2 THRU 2 1/2 YR 4.921% 5.171% 0.200% 5.371% -0.050% 5.121% 0.000% 5.370%
2 1/2 THRU 3 YR 4.950% 5.200% 0.200% 5.400% -0.050% 5.150% 0.010% 5.390%
3 THRU 4 YR 5.000% 5.250% 0.200% 5.450% -0.050% 5.200% 0.000% 5.450%
4 THRU 5 YR 5.060% 5.310% 0.200% 5.510% -0.050% 5.260% 0.020% 5.490%
5 THRU 6 YR 5.100% 5.350% 0.200% 5.550% -0.050% 5.300% 0.060% 5.490%
6 THRU 7 YR 5.140% 5.390% 0.200% 5.590% -0.050% 5.340% 0.020% 5.570%
7 THRU 8 YR 5.190% 5.440% 0.200% 5.640% -0.050% 5.390% 0.070% 5.570%
8 THRU 9 YR 5.210% 5.460% 0.200% 5.660% -0.050% 5.410% 0.050% 5.610%
9 THRU 10 YR 5.250% 5.500% 0.200% 5.700% -0.050% 5.450% 0.030% 5.670%
10 THRU 11 YR 5.306% 5.556% 0.200% 5.756% -0.050% 5.506% 0.086% 5.670%
11 THRU 12 YR 5.352% 5.602% 0.200% 5.802% -0.050% 5.552% 0.078% 5.723%
12 THRU 13 YR 5.388% 5.638% 0.200% 5.838% -0.050% 5.588% 0.072% 5.766%
13 THRU 14 YR 5.418% 5.668% 0.200% 5.868% -0.050% 5.618% 0.067% 5.801%
14 THRU 15 YR 5.440% 5.690% 0.200% 5.890% -0.050% 5.640% 0.040% 5.850%
19 THRU 20 YR 5.550% 5.800% 0.200% 6.000% -0.050% 5.750% 0.050% 5.950%
                 

Bullet Rates Amortizing LIBOR Short Term
AMORTIZING
01/05/99
Amortizing Schedule:
BALLOON: 5 YR 7 YR 10 YR 15 YR 20 YR
5 YEAR 5.471% N/A N/A N/A N/A
10 YEAR 5.550% 5.610% 5.610% N/A N/A
15 YEAR 5.550% 5.650% 5.690% 5.690% N/A
20 YEAR 5.610% 5.650% 5.740% 5.760% 5.800%
30 YEAR 5.610% 5.650% 5.740% 5.856% 5.902%
 
Discount Pricing Tier 1
Amortizing Schedule:
DP BALLOON: 5 YR 7 YR 10 YR 15 YR 20 YR
5 YEAR 5.221% N/A N/A N/A N/A
10 YEAR 5.300% 5.360% 5.360% N/A N/A
15 YEAR 5.300% 5.400% 5.440% 5.440% N/A
20 YEAR 5.360% 5.400% 5.490% 5.510% 5.550%
30 YEAR 5.360% 5.400% 5.490% 5.606% 5.652%
 
CALLABLE ADVANCES* *NOTE THAT THE CALLABLE DEBT IS
3/1 5.899% AVAILABLE IN INCREMENTS OF
5/1 6.550% $1,000,000
 

Bullet Rates Amortizing LIBOR Short Term
LIBOR
01/05/99
1 MONTH LIBOR 5.05391%
2 MONTH LIBOR 5.06000%
3 MONTH LIBOR 5.06031%
6 MONTH LIBOR 5.06031%
12MONTH LIBOR 5.09047%
 
DP TERM LIBOR FLOATING RATE ADVANCES
DP Tier 1   1 mo reset   3 mo reset
SPR TO LIBOR   0.000%   -0.050%
RATE   5.054%   5.010%
 
DP Tier 2   1 mo reset   3 mo reset
SPR TO LIBOR + 0.050%   0.000%
RATE   5.104%   5.060%
 
TERM LIBOR FLOATING RATE ADVANCES
    1 MO   3 MO
    RESET   RESET
SPR TO LIBOR + 0.250% + 0.200%
RATE   5.304%   5.260%
 

Bullet Rates Amortizing LIBOR Short Term
SHORT-TERM  
01/05/99  
FF OPEN 4.880%  
SLC 5.030%  
OLA 5.230%  
WLA
1 DAY WLA 4.93%  
2-7 DAY WLA 4.99%
8-35 DAY WLA 4.89%
   
DDA (as of 01/04/99) 5.06%